Fayetteville Policies and Procedures 333.1
Indirect Cost Recovery Distribution
Effective July 1, 2015, indirect cost recovery will be allocated as follows:
Facilities and Administrative costs (F&A), indirect costs, represent grant expenses that cannot be easily identified with any specific sponsored project but are incurred for common or joint objectives related to all sponsored projects. The F&A rate charged to sponsored projects is to recover the facilities and administrative costs already expended by the university.
The Indirect Cost Recovery Distribution will be as follows:
|Indirect Cost Recovery Allocation (Research Incentive Funds – RIF)||Grants (non-Center)||Grants (thru Center)|
|Office of the Vice Provost for Research and Economic Development (VPRED)||55%||44%|
|Centers and Institutes||0%||20%|
The distribution of these funds within each college will be based on the college’s policy for distribution. The Research Accounting Office will distribute the funds on a quarterly basis.
Please refer to the following for current F&A rate information:
July 1, 2015